Blackstone Inc. $BX Shares Acquired by KBC Group NV

KBC Group NV increased its holdings in shares of Blackstone Inc. (NYSE:BX) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 464,316 shares of the asset manager’s stock after acquiring an additional 4,335 shares during the quarter. KBC Group NV owned approximately 0.06% of Blackstone worth $71,570,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in BX. Brighton Jones LLC increased its stake in shares of Blackstone by 34.6% in the fourth quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock valued at $1,365,000 after purchasing an additional 2,035 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Blackstone by 9.3% in the second quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock valued at $310,000 after purchasing an additional 177 shares during the period. United Bank increased its stake in shares of Blackstone by 14.7% in the second quarter. United Bank now owns 13,528 shares of the asset manager’s stock valued at $2,024,000 after purchasing an additional 1,729 shares during the period. Nebula Research & Development LLC acquired a new stake in shares of Blackstone in the second quarter valued at approximately $1,124,000. Finally, Sei Investments Co. increased its stake in shares of Blackstone by 1.9% in the second quarter. Sei Investments Co. now owns 452,619 shares of the asset manager’s stock valued at $67,703,000 after purchasing an additional 8,655 shares during the period. Institutional investors and hedge funds own 70.00% of the company’s stock.

Key Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Analysts expect Blackstone to report an earnings beat next week — consensus previews point to strong fee-related revenue and realized gains that could lift EPS versus Street estimates. Blackstone Inc. (BX) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Positive Sentiment: Market reaction to other banks and asset managers beating Q1 estimates helped lift BX intraday — investors are treating Blackstone as a beneficiary of stronger-than-expected industry results. Why Blackstone (BX) Stock Is Trading Up Today
• Positive Sentiment: Oppenheimer upgraded BX to Outperform, citing attractive valuation after a pullback and resilient real-estate and operating performance — upgrades can trigger flows from funds and boost sentiment. Oppenheimer Upgrades Blackstone (NYSE:BX) to Outperform
• Positive Sentiment: BMO published a bullish price-appreciation forecast for BX, reinforcing buy-side momentum and supporting thesis that the recent selloff has left upside for long-term investors. BMO Capital Markets Forecasts Strong Price Appreciation for Blackstone (NYSE:BX) Stock
• Positive Sentiment: Barron’s highlights calm in private credit markets and cites that stability as a tailwind for alternative managers like Blackstone, reducing a key macro risk for BX’s fee and NAV generation. Private Credit Looks Calm. Why Blackstone and Ares Stocks Are Starting to Climb.
• Neutral Sentiment: Coverage of peers (TPG) shows the alternatives sector facing mixed dynamics — record fundraising and growth but occasional sharp drawdowns — suggesting sector-specific volatility that could cut both ways for BX. TPG Built a Record Year, Then Lost 40%—Is the Selloff Overdone? (BX)
• Negative Sentiment: Analysts and commentary note a recent steep share pullback (roughly 20% over recent periods) and lingering valuation/momentum concerns — this raises the risk of further downside if upcoming results or NAV updates disappoint. Assessing Blackstone (BX) Valuation After Oppenheimer Upgrade And Recent Share Price Pullback

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BX. Rothschild & Co Redburn lowered their price objective on shares of Blackstone from $158.00 to $138.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. BNP Paribas Exane lowered their price objective on shares of Blackstone from $167.00 to $156.00 and set a “neutral” rating on the stock in a research note on Monday, January 12th. Jefferies Financial Group lowered their price objective on shares of Blackstone from $161.00 to $143.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Citigroup reiterated a “market outperform” rating on shares of Blackstone in a research note on Friday, January 30th. Finally, UBS Group lowered their price objective on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Eleven investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Blackstone currently has an average rating of “Moderate Buy” and an average target price of $155.55.

Insider Buying and Selling

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the completion of the transaction, the insider directly owned 25,832 shares of the company’s stock, valued at $90,670.32. This represents a 99.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.00% of the company’s stock.

Blackstone Trading Down 1.6%

Shares of NYSE:BX opened at $128.10 on Friday. The stock has a market capitalization of $95.08 billion, a price-to-earnings ratio of 33.02, a PEG ratio of 1.35 and a beta of 1.74. Blackstone Inc. has a 1-year low of $101.73 and a 1-year high of $190.09. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76. The company has a 50 day moving average price of $117.15 and a 200 day moving average price of $140.12.

Blackstone (NYSE:BX) last issued its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.54 by $0.21. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The firm had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $3.69 billion. During the same period last year, the firm posted $1.69 earnings per share. The firm’s revenue for the quarter was up 41.4% compared to the same quarter last year. On average, research analysts anticipate that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were paid a $1.49 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a yield of 4.7%. This is a positive change from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s dividend payout ratio (DPR) is 153.61%.

Blackstone Company Profile

Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.

Blackstone’s business is organized around several principal investment platforms.